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that continue to do better. in states like california that are now threatened with exact same spending problems that we've seen in washington. stuart: travis brown, ma pleasure indeed, you're the first guest on the show and you called it for romney. you're on videotape. thank you very much. new at 10 we will get the latest poll from maris and rasmussen reports. it's a dead heat with the other polls with less than a day to go. at the top of the hour, a fresh look at the race with the very latest polls, fresh out of the box this morning. don't forget tomorrow there will be two servings of "varney & company," we will be on at our regular time. 9:20 a.m. eastern and then back tomorrow night for a "varney & company" special election edition, 5 p.m. eastern, please don't miss it, all-star lineup for you. back to the column, apple says it virtually sold out of the ipad mini, 3 million sold, really? >> here is the thing. 3 million ipads sold over three days, however, they're not breaking whether it was ipad mini or the original ipad or the ipad 3 or the 2 or whatever, okay? all we know 3 million ipads
has an eight-point lead among women and governor romney a zseven-point lead among men. >>> california teachers spent their sunday rallying for proposition 30 to prevent billions of dollars in cuts to education. educators and other supporters are manning phone banks and goes door to door. and today, gavin newsom told a group in freemont that the future of the schools is on the line tuesday. >> we can't after tord the mafoe cuts to the most poor. i'm a democrat like you. we want to prevent disease. >> prop 30 would cause increasing taxes on those individuals making more than $300,000. and if passed the proposition with the most votes will become law. >>> californians are facing big decisions on election day. there is a plethora of statewide issues and among the most controversial is proposition 34 which would repeal the death penalty, and we have more on why voters don't know about it. >> well, this ballot has a lot for voters to consider, and prop 34 is being overshadowed for tax increases and local and state and national elections. >> well, prop 34 is the one i am paying attention to.
been a centralized decision, and you've got one organization called cloud flare out of california that published this fascinating video which shows how the route to syrian upstream providers one by one were shut down all starting after noon local time on thursday, effectively plunging 20 million syrians into internet darkness. now, it's the opposition that has made very effective use of the internet thus far, actually, using the internet to upload opposition videos, to youtube, get their voices out to the outside world. so, it doesn't seem like they would have much of an incentive to plunge syria into internet darkness. and despite the fact that the state internet providers went down, the opposition activists have still been getting their images out of friday, the traditional anti-government protests, via alternative methods of communication, satellite phones, for example. that we know the u.s. and the british governments have been supplying to activists. we've seen them out in the streets calling for the downfall of the syrian regime as they've done every friday for 20 bloody dea
of california's sierra nevada and found crisp driving straight toward us. ms. crisp? it's drew griffin with cnn. we'd sure like to talk to you. terri crisp, dog in hand, got out of her car and walked right up to our camera and acted like she was going to answer my questions. >> this is not the place to do an interview. >> reporter: well, what is the place? we've been trying to get an interview with you for a long, long time, specifically to ask you about operation baghdad pups. >> stephanie scott, our director of communications, has communicated with you directly. >> reporter: i understand that. can you tell us why you came on cnn and basically lied to our viewers about ivy and nugget? >> you need to talk to stephanie. >> reporter: i think you need to talk to our viewers and explain what operation baghdad pups is all about because it appears to be a fund-raising effort for your lifestyle and quadriga art quite frankly. >> like i said, you just need to contact stephanie. all of our interviews are coordinated through her. we've offered to do them with you. >> reporter: you've been on our air, ma'
, democrat from california. senator, it is great to have you with me this morning. >> thank you. >> just for everybody that's watching, i want to break down what the proposal is from the president that was offered yesterday. $1.6 trillion in tax cuts. $400 billion in cuts to medicare and other entitlement programs. $50 billion additional in stimulus spending. no real structural reform to entitlement programs. no spending cuts. instead, stimulus spending. obviously, the president knew that this would be an unacceptable first offer. so what is the end game here? where is the president's bottom line? >> listen, this is a negotiation. it isn't about the president's bottom line or my bottom line or yours. it's a negotiation. and the sad part is, that the administration, the president, has laid down an offer. there's several things in there we know the republicans like, and yet they refuse to lay down an offer. all they do is come out, and mitch mcconnell laughs, and boehner says it's terrible. there's a fiscal cliff, and this offer isn't good. show me the money, folks. you have the power. you
amazon had advantages in key states like california. low sales tax. local book stores already on pressure for the rabid rise of ebooks feel particularly squeezed. michael tucker owns a chain of book stores in san francisco. >> if you can save 10%, why wouldn't you? >> reporter: but amazon's tax advantage recently disappeared in california, adding 7 to nearly 10% to the cost of each order. it also began taxing this year in other states like pennsylvania and texas. on-line retailers collect tax only for states where they have a physical presence. now here in california, amazon is building two giant warehouses, including this one near los angeles. it's a million square feet, and for the old-fashioned retailers, it's another reason to worry. why? because amazon's goal is to get items to customers faster and to be able to offer same-day delivery. that's right. you can avoid stores if you want and have a package delivered to your house in a matter of hours. a win for consumers but tough for local retailers. >> if amazon creates distribution centers and facilities on their turf locally, that tak
't do it. anyway, tyson, thank you. dan mitchell, thank you. now let's talk about california with crashing production and a 13% top state income tax rate. no kidding. no surprise. companies are fleeing the state. but where will they end up? we are about to show you. those little things still get you. for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an
of california. they vacationed together, shared birthdays, even got together for a monthly game of ten pin. but what these grainy home videos don't show is what is yet to come. which is murder, conspiracy. one branch of family against the other. a game so twisted, mice so clever, that crafting a plot to catch them might be impossible. to begin with, it was 1998. shei shakespeare in love won the oscar. monica lewinsky was freshly famous. it was the hottest night of the year when cheryl got a strange call from her dad jack jesse. >> i was getting ready for bed and it was my dad on the phone. >> what time was this? >> it was 20 after 9:00. >> he was worried about his wife sandra. she was missing. >> what did he think had happened? >> he thought maybe she was in an accident or something. >> she had run to this nearby mall to run an errand but was gone so long. would cheryl please find her, asked her dad. >> burger king, walmart and supposed to be back. >> and when she went back into her dad's house, she found -- >> one of the worst scenes in my life. he was face down in a pool of blood. >> wha
risk of everybody in the world? >> so i would extrapolate from our own experience here in california. we voted for higher taxes in order to fund better education. i think people are recognizing that fiscal sustainability has a num rater and a denominator. the denominator is about growth, making sure can you grow living stands ardz and pay off debt. i think the realization is coming in that we need to optimize both and i think that our politicians will slowly get that. it's not going to be a big jump. i think richard quest is correct in reminding us that this is a long haul. let's focus both on the num rater and the denominator. >> the point, stephen, has just made and mohamme points out as well, you cannot have it both ways. >> right. >> you cannot remind us on the one hand that there's a $1.8 trillion deficit. but then immediately say we won't have tax revenues raised. you cannot have your cake and eat it, too. >> this is america! we've been doing that for 25 years! >> i know! >> that's exactly the problem. you know, going into the negotiations saying ahh! we have to do something ab
wanted to leave as soon as he arrived but couldn't until a california congressman, leo ryan, came to guyana in the fall of '78 on a one-man investigative mission. >> i had decided i was going to pass a note asking for help to escape. >> by that next afternoon, as gosney dragged his trunk towards a departing truck, more than a dozen others had decided to go. >> i thought i was going to die at any moment. i never thought that i would ever be permitted to leave. >> when the group reached the small airport nearby, gunmen opened fire. >> there was blood everywhere, and i thought i'm dying and then i blacked out. >> that same day, gerald parks, seen here in the blue and white shirt, talking with jim jones, sensed it was his last chance to get his family out. >> you can feel death in the air. you can actually feel it. >> the parks family asked to fly back with congressman ryan's group. >> and i told him who i was and i said we've been held prisoner here. >> at the airport, a tractor pulled a farm wagon up alongside their plane. >> about five or six guys stood up and pulled their guns up
. >> just quickly about what mike said about that night. 5:00 california time the president, president carter calls, president reagan to concede the race and democrats were furious at him because the whole western part of the nation had not voted yet. president nixon, he ran in 1960 for the presidency and lost. he ran eight years later, 1968 and won. what he told me about election day was so fascinating, stuart. he said on election day, said who the hell knows. he got in the car and had his driver to drive hum around and he could see outside. he could see people but they couldn't see inside. so they had no idea it was richard nixon in the car kind of driving around. he said what was going through his mind, not, did i win. what was going through his mind, how much of these people did i reach. stuart: very interesting. very interesting. mike, i know you're still there. >> i can go with that, for years i'm still looking for people that voted against my father. my friend zack, says 300 electoral votes for mitt romney today. stuart: now i want you to tell me the margin of victory for presid
john torigoe has that story from california. >> i am currently in fighting training with the california conservation corps. hold it and just pull. there is an awful lot of training, so it's really good they're doing this especially for veterans because it can be hard sometimes to find good jobs. we played with the chain saw, just kind of get associated, a little more familiar with it. then we practiced laying hose from an engine, which we hadn't done yet, with actual water. >> that's what influences the land fires, right? >> since it's mostly veterans, it's really easy for a lot of us to just click and work together, so the teamwork thing fell into place very well. i was an aviation, hydraulics and air frame mechanic. i was at camp pendleton and we deployed to afghanistan in 2010. i know it was a really bloody summer while we were there. i saw a lot of bodies come back. >> my job was quarter master. we helped out with amphibious operations. i was so focused on the navy at one point in time, i never imagined myself being a firefighter. i never imagined myself going through the training.
of these various places. dallas, texas. you have a store in maryland. you have stores here in california that we're expecting later in the day. so tlar number of stores across the country where we're seeing more of these protests. but walmart says you have to look beyond just the bodies there. when they look at who showed up and walked off the shop, only about 50 employees did not show up as they were scheduled. they're saying they have the same number of employees who didn't show up for work last year as they had this year. so what walmart is saying is they believe and they keep pushing this, is this is a union-backed effort that as far as the walmart employees, they believe this is limited. talk to some of these people in the picket lines today and they will tell you that this is a very important move for them. that they are hoping to make a message on a potent shopping day. >> i'm getting the sense that the protest and picket lines are keeping any shoppers away? >> not at all. when actually we talked to some of the employees who were working overnight here at this particular walmart the emplo
in california. that's a sign that you have a very unstable atmosphere that we are working with. in evanston wyoming the snowstorm on the cold side of the system comes in temperatures are in the single digits or low teens with subzero wind chills. here in chicago we had highs that range from 49 at highland park to as warm as 60 in flossmoor. it looks like it will be rating for the bears game and the fact that would put a jet stream in here means these will be poking up into powerful upper wins. winds. james bill california has gotten 20 in..janesville california has gotten 20 in.. here is what will happen, we have some clout and a couple of showers we think we will go partly sunny. by morning the showers to the west will be pressing in on us and while the snow piles up to the north it will be reined in our area. one of the big factors and we will cover that in the update will be the wins these could gust 40- 50 mi. per hour and went on talking about thunderstorms these are stacking the winds from the south. tens of thousands of feet into the jet stream all blown into the same direction. for
are they going to do about california. for me, that is the big question. california, the prop 8 decision where voters of california voted to allow same-sex marriages and then a few months later voted to write into the state constitution that such unions were illegal. if the supreme court decides not to take up that case, then people in california -- gay people in california would be able to get married almost immediately. but if they do take up the case, then the question of a right to marry goes to the supreme court. very fascinating time. >> are you surprised that they decided not to -- >> yes, i am surprised. and i will be even more surprised if they don't do something on monday. i think a lot of people are waiting. >> i'm hoping that the supreme court will weigh in on this. i want to see the courts and perhaps the legislature deal with this and not leave to the voters because the voters often get these things wrong. i don't think civil rights question shoes go to voters partly because you get into the thing of the whim of the voters and where the political whims are. we don't vote in this
it is the first pure electric car from general motors since the ev one. it goes on sale in california and oregon only, middle of next year. gm expects the press point to be somewhere around 25,000. the all-important question, what is the range going to be, how far will it go fully charged? gm is not saying at this point, only it will be competitive with other electric cars. speaking of other electric cars this market is struggling now look at auto sales through september of this year. 73%, almost 8 million vehicles in the u.s., are gasoline powered. still a predominant source of power train in this country. hybrids, 279%, 300,000. as for pure electric, just 8,289 pure electric cars sold in the u.s. right now. take a look at shares of general motors in the last year. if you were a gm investor in the last year, up 24%. a lot of people talk about gm ought to learn what they are doing at tesla, tesla leading the way with electric cars. gm versus tesla, no comparison, gm up 24%, tesla up just 1.4%. as i said at the beginning of this report, you will see more electric vehicles coming from general moto
not basically in iowa. >> reporter: matters how california looks and how nevada and virginia looks. >> right. >> it is difficult for mitt romney to say this economy is in free fall, it is not. unemployment rate here is pretty darn good, 5.2%, the lowest in the country. the president won by ten points here in the last election, my question for you, sue, why isn't he locking it down? >> you know, we actually feel like we're locking it down, we have been locking it down for two years. >> i think she is selling you something, they are not locking it down. >> reporter: we found plenty of people in iowa who are not convinced. >> we can't sustain itself, you hear these big huge empires, countries are going bankrupt. it will be us. >> reporter: he doesn't think he has plans for the deficit. >> i don't think either side has plans for it. it becomes the lesser of two evils. >> reporter: kevin says he can't plan a 2013 budget and certainly can't hire. >> our customers are just slow. they're just not ordering. >> reporter: he says like him, they're frozen, waiting to see who wins the election and whethe
to congress and sending home the opponent who mocked her for her war record, joe walsh. california relaxed its three strikes you're out law and rejected a law to cripple the power of unions. criminal legalization of marijuana was approved in washington and montana. sherrod brown and jon tester both won, held on to their seats. democrats won a senate seat in north dakota, of all places, a seat that nobody thought they could win. all of these states that had this hugely aggressive total republican takeover from the 2010 elections, ohio and wisconsin, and michigan, and pennsylvania and virginia and florida, all of those states that went so red in state government in these past couple of years and that then had these big fights inside their states over how republicans were governing there, in ohio, wisconsin, michigan, pennsylvania, virginia, and we will see about florida, last night not only did republicans lose the presidential election in every single one of those states, republicans lost the senate race in every single one of those states too. sherrod brown, tammy baldwin, debbie stabenow, bob
and more of this. california tried it in 2010. was not successful. it will resurface in california. a lot more states will follow. >> they can get tax revenue from it. it's big money. >> big, big money. colorado and jeffrey marin is estimating colorado and washington will each bring in about $50 to $60 million in tax revenue and that's not only that. enforcement savings. $47 million you don't have to run down people. $74 million in colorado. $99 million being saved in washington. then as i was saying earlier there's all this potential tourism. denver, colorado. you have more -- >> the new amsterdam. >> in fact there's an area in denver that i did a lot of reporting from called ramsterdam. there's more dispensaries than starbucks. states are going to look at this much as many have looked at gambling and said hey maybe we can make some money. >> more pot than starbucks pap lot of what we hear about pot it's small business, individual farms. is it possible we could end up with big pot? >> you could. i mean, you think about the infrastructure that's already in the place with a lot of big agr
right, back across to kath. >> orange county, california. all right. finish these lyrics to "i'll be there for you" please. ♪ i'll be there for you when the rain starts to fall ♪ ♪ i'll be there for you ♪ like i've been there before >> i have no idea. >> you have a lot of songs to learn on my cd. [ buzzer ] >> lyrics are i'll be there for you 'cause you're there for me too ♪ became a worm in the brain? when you worked there? >> they also left out the clap. and then that makes sense. that's burned in. >> burned in. back across to cath. >> nice lady from maine. all right. which couple got married in vegas with permanent marker on their faces? was it monica and chandler, was it phoebe and joey, rachel and ross or rachel and joey? >> rachel and joey? rachel and joey. [ buzzer ] >> no. no. no. >> people, i'm serious, no cheating. and enjoy this cd. >> the correct answer here, rachel and ross. remind us about the permanent marker on the face, what was going on there? >> i believe that they kind of had a little bit too much wine. and ended up, you know, drawing on each other
that's where we're going. >> you're from california, correct? >> i live there, yes. >> doesn't make you a bad person. >> i'm from buffalo too. >> it explains why he's stylish, right? well, i live in california. we voted to raise income taxes and sales taxes. california is, what, one-seventh of the u.s. economy. >> jerry browne's miracle. >> i'm going to get a bill as well as every other californian asking for money. >> what is your point? >> that will have a negative impact on the california economy and on the u.s. economy. so ron is right. there are parts of the u.s. economy are certainly improving, but there are other parts that have not yet felt a vice that's squeezing on them. >> all right. we got to go. the bell is going to ring shortly, i feel like. we got to go. thank you, everybody. appreciate it. we are heading toward the close and, really, the market is where it was before all the rhetoric came out on the cliff. the dow up 32 points right how it. >> we've heard some democrats made maye be willing to dive off that fiscal cliff. our next guest certainly is not following suit. fi
and barack obama according to the polls is going to win california and as he should. there are a lot of supporters. he's a great individual, but i think at the margin when people are focused on small business and growth and opportunities for small business entrepreneurs and reducing regulation i think people do think about different options. >> do you worry about regulation in the tech sector? one of its last industries that probably doesn't have nearly the same regulation as many of the other industries. >> as i sit here today, i don't worry about it, but one of the things i worry about is, one of the areas of investment we're excited about spending more time on is what i call the asset light generation and if you look at the fact that you can walk out your apartment door in the morning, with your smartphone and your tablet, and you've got, in effect have cash on your phone, your media library on the phone, you can get news and information, a taxi, all sorts of things, a hotel room, i think one of the things i worry about is the regulation of some of these companies that are putting
could lose elections we would have california governor meg whitman if just more many one the election. john: they are spending 1 million but the campaign spent by billion and americans spend 7 billion on potato chips. [laughter] >> i am told we need of federal warning system for disaster is like hurricane sandy. >> think of the most radical communication break through of our lifetime, not your show. [laughter] is the internet to bottom-up grass-roots and cellphones with a communication device that carries with you everywhere to access realtime aberration. you did not wait for barack obama you were refreshing twitter, listening to the radio, the weather channel, the dredge report. we access information we don't need the top down system to tell us what we learned an hour and a half ago. john: during the storm, all the young people in my house got an emergency warning a big storm is about to hit. [laughter] and has never been used successfully. 1971 they played the wrong taper cross september 11th it was not activated. it was testers -- tested a member 2011 but some people heard lady gag
in hollywood, california. police had to be called in to clear the streets. more than 1000 people in kentucky had to leave their homes after a train derailment caused a chemical fire outside louisville. three workers were seriously burned. people living within a five-mile radius or ask you to leave their homes or stay inside. a district in missouri wants to do away with handwriting classes. they are considering dropping cursive handwriting for the curriculum they say most people either print by hand or type on a keyboard. that brings us to our water cooler question of the day -- do you think cursive is a worthwhile lesson to learn in school? ♪ ♪ >> after sitting empty for 10 months, new tenant will fill the void left by the closing of filene's based in downtown. marshalls is taking over that space. marshall's will open their early next year. sam's club is helping recharge those left in the dark by sandy. 18 sam's clubs in five states are accepting non-members affected by power outages. the locations are serving as free power recharging stations for people to recharge their laptops and cel
to help broadcom which has been pulled down. i need to go to dave in california. >> booyah from sunny california. i'm into high yield dividend paying stocks. >> we like that one very much. it has a 5% yield. you don't get as much in return. i got to tell you, i think that stock is real good. let's go to will in new york. will? >> how you doing? >> real good, how about you there, chief? >> not too bad. i want to ask you about soda stream. it released earnings last week. wal-mart says it sells great in stores. it is getting nothing but good press. the market beats the stock up like it's vick behind the eagles 0-line but could the stock be in for a second wave? >> first of all, it hasn't been concussed yet. second it is not a major league stock. it is the wrong stock for this environment. >> susan. >> how do you feel about exel? >> i like exel. and by the way, another one of -- another one of our specs, dbax, nice move today. remember, i am in favor of speculation as long as it's only one small piece of your portfolio. and that is the conclusion of the lightning round. a febreze experime
of the state, would be gone before the wiretap ruling took effect. and in arizona, california warrant was worthless. >> this completely took all that work and we're talking probably six months of work and just threw it out the window. >> the killers had slipped the trap. game over. >>> when we come back, detectives build a new and better mouse trap. and guess who takes the bait. >> it's me. you need to [ bleep ] call me asap. >> when "deadly conspiracy" continues. imagine an air freshener that can instantly make your home fresh and inviting. introducing glade expressions fragrance mist. a squeeze at the neck of the bottle releases a fragrant mist, eliminating odors. light layers of fresh cotton and italian mandarin that instantly fill the air with fragrance. with a stylish design, it can be left out. so you can add long-lasting fragrance whenever you need it. ♪ and it's available in an easy-to-replace refill. glade expressions fragrance mist. sc johnson. a family company. the rid-x septic subscriber program helps prevent backups by sending you monthly doses right to your door so you
marriages between a man and woman. it's also considering a challenge to prop 8, that's california's ban on same-sex marriage which voters approved in 2008. >>> listen up. we now know the identity of one of the two power ball jackpot winners. mark hill is the owner of $294 million. he bought his ticket in missouri. he confirmed on facebook saying quote, we are truly blessed, we are lucky winners of the power ball. his son talked about the moment his dad broke the good news. >> i keep thinking i'm going to wake up and think man, i had the craziest dream. he got a phone call this morning. he was toyic sounding. he was like it was us. i'm happy for him. he worked hard in his life. he won't have to anymore. >> very happy for him? for us, dude. you are his son. this surveillance video may show a winner. people at this maryland gas station say a man walked in to check his ticket and started freaking out. they say he told them he bought the ticket in arizona. >>> cops in columbus, ohio believe they won 1 million bucks. they bought their ticket at this gas station. once the ticket is validated,
from california, former undersecretary of state for arms control and international security, and david winston, republican strategist. welcome, david and ellen, it seems from all accounts, that it's very, very unlikely that the house is going to change hands, the senate is still in play. but there are a lot of interesting races out there. david, first of all, right now mitt romney around virginia with george alan at his side, a close race with tim kaine, two former governors running against each other and george alan running for his former senate seat. we're hearing it is tim kaine marginally ahead but close to 50/50 race. >> this is a close race. this fizz republicans are going to pick up majority one of the key states where the opportunity lies having said that, when you've soon a lot of the survey, surveys seem to have it even or slight edge to governor kaine. one of the problems that we're all trying to work through here is, so what is this electorate going to look like? in virginia an interesting mix of different types of voters and in terms of independents, african-americans that
because of some of the investments we've made as well. notably california adventure here at disney land in california. we feel good about what we're seeing. there's demand for that product. it's showing up in our pricing and showing up in our advanced bookings. >> how are the advanced bookings looking for the holiday season? >> advanced bookings for the holiday season are looking good. there's a quirk in the calendar. christmas falls on a tuesday. so some of our peak season will also fall into our next quarter because of how the quarter breaks. our bookings for the christmas period overall, which include some spillover into the next quarter, we feel very good about. that's certainly true in california. it's true in florida. it's true in paris. >> bob, the last time we talked, you seemed passionate about the need to fix our debt as a country. i wonder what your take is on president obama winning re-election. does that change anything for the company, for the industry? in terms of this fiscal cliff, everybody is expecting taxes to go higher. we're not sure how high on dividends and capita
their own supermajorities in both chambers in california and illinois. in the state of carolina, in the state of north carolina they gained a republican supermajority in the house and senate. in georgia, they appear in georgia, they appear one independent away from having one in the senate. with might winning 24 states on wednesday, no one expected the president's coattails to turn blue. republican gains in the deep, red south is kind of like running up the score. down the ballot has less to do with coattails than with parkas than with hoods. against the bitter cold that defines february and march. outside the virginia state capitol in richmond. voters are looking for leadership at all levels of governance and they vote in changes. they are not stupid. elections have consequences and they go both ways. if you think running a restaurant is hard try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've eve
with the refiners. bp decided to sell off two of its refiners. one in texas city and the other in carson, california. historically, i haven't been a big fan of the refiner business. lately the dynamics of the industry have changed dramatically for the better. we've got an oil boom going on in this country and that's been great for the refiners because they make their money off the difference between the domestic west texas price that they pay for oil, sometimes even underneath that, and the higher global brent crude price they use to charge for refined products. that's the benchmark they price off of. right now the spread is higher than it's been in ages. great for refiners. which refiners have benefitted from bp's desperate need to raise cash? first there's marathon pete, marathon petroleum. symbol mpc. mom, peter, charlie. agreed to buy bp texas city for $2.5 billion back in october. this deal should have tremendous synergies because marathon pete already operates in this area. bp had spent $5 billion refurbishing this refinery just seven years ago. now marathon can buy it for half of that cost? w
. start with the web site of the stock. dal in california, please. >> caller: booyah,jim cramer. i have a question what is meant by a reverse split stock? >> of the that means if there's a million shares let's say they do a three to one, make to it 300,000 shares. what is typically done, citi group did one of these. what it does, if you have like 300 billion shares you divide it by three, you got 100 billion. it does raise the price but it's illusory. you just have fewer shares. tyler in florida. >> caller: jim i'm going to give you a south florida booyah. >> i'll take that. i need to go there now always >> caller: sun is shining. actually it's overcast. but quick question for you. when you talk about the economy really booting off again it seems like you talk about it in terms of consuming and not producing. i'm thinking from the way i think about it you need something to be produced before it's consumed. i'm wondering why in terms of a growing economy you talk about consumption instead of production. that's what it seems like to me. >> i do. because in order to be able to raise price
. >>> we're going to run you through with some video. help on the way from the west coast, from california. dozens of power trucks loaded on to giant air force cargo planes to help with power restoration. those things amazingly flying across the country all the way from california. the situation remains desperate in many neighborhoods in the tri-state area. these are pictures from this morning on staten island. there is virtually no power on the island. destruction is widespread. the secretary of homeland security janet napolitano will visit today. staten island is where the new york marathon will start on sunday. more subway service returning to manhattan, but not below 42nd street where power is still out in wide parts of the city south of that parallel. city officials say they may have to evacuate the marine life from the massive new york city aquarium based in brooklyn. the death toll from the storm nearing the 100 mark. despite the damage in atlantic city, that town's famous casinos are open again and they are conflicting reports about when power will be restored in manhattan. hundred
for someone in california waiting for a liver transplant? >> it's probably realistically three years, and it could be much longer. >> not for tadamasa goto, who got a liver in just six weeks. california attorney larry eisenberg finds that surprising, especially since goto was number 80 on the waiting list. >> it should not be possible that an unsavory character from out of the country with ties to organized crime comes into the united states and gets a priority and obtains a transplant. >> these two families, eisenberg's clients, both lost loved ones waiting for livers at another transplant center in the same area. salvador ceja was number two on the waiting list. john rader was number five. do you think, for one second, that this was legitimate, that they stood in line and waited just like your husband did? >> absolutely not. >> no? >> absolutely not. no, because nobody gets a liver that quickly. >> i think they were playing god. now i think they were picking and choosing whoever they wanted to give a liver to. >> so in your minds, what was this about? >> money. money spoke loud and
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